XTB Ventures into UK ISA Market, Levelling the Playing Field in Retail Investing
XTB has recently made significant strides by obtaining authorization to offer Individual Savings Accounts (ISAs) in the UK, a market estimated at £400 billion, just months after announcing its intentions to enter this sector.
B2Prime Secured Seychelles License
B2Prime, a liquidity provider offering services across multiple asset classes, has recently obtained a security dealer license in Seychelles, adding to its existing licenses in Cyprus and Mauritius.
Blockchain: A Game-Changer in the Fight Against Fraud?
Blockchain technology offers promising potential in combating financial fraud through its decentralized, transparent, and secure features, although challenges such as scalability and regulatory concerns need to be addressed for its full utilization.
Webull Introduces Webull Lite for Simplified Trading
Webull launches Webull Lite, offering an easier trading experience with essential tools and simplified navigation.
Webull Launched Webull Lite
Webull, an online trading platform, announced the release of Webull Lite. more simplified trading experience for users. With this, users will be able to easily switch between versions with the Webull and Webull Lite apps combined into one.
List of Fraudulent Firms
The UK's Financial Conduct Authority (FCA) issued a fresh list against those brokers that are making people fools and duping their money. The authority is working vigorously against such fraudulent firms. Here is the list.
Unlicensed Broker QmmFx: Failed Withdrawals and Frustration
Unlawful practices of QmmFx, an unregulated broker in the UAE notorious for rejecting withdrawals and operating without oversight.
Unregulated Broker Super Profit 8 Declined Withdrawal
Beware of Super Profit 8! Learn from RB's costly experience with this unlicensed broker, highlighting the dangers of fraudulent trading platforms.
Asian Currencies Weaken Ahead of US Inflation Data
Anticipation Builds as Federal Reserve's Policy Stance Hangs on Inflation Figures
ACCORDING TO ECONOMIST, NIGERIA WILL OVERCOME ITS FOREX-INDUCED MALAISE WITH RESILIENCE.
Nigerians' tenacity, dynamism, and inventiveness combined with effective government policy tools would help guide the nation away from the depression and uncontrollably high inflation brought on by the naira's depreciation between 2023 and 2024.
Binance Founder Changpeng Zhao Sentenced to Four Months in Jail
CZ of Binance gets a four-month jail term despite prosecutors seeking three years, following his plea and a $50M fine.
Pay Attention to These When Trading with High Leverage
In the realm of forex and cryptocurrency trading, leveraging is a common practice that allows traders to amplify their positions with borrowed capital. While high leverage can potentially lead to significant gains, it also carries inherent risks that traders should be mindful of. Understanding and managing these risks is essential for navigating the volatile markets effectively.
FOREX TODAY: AFTER THE CPI-DRIVEN USD RISE, ALL EYES ARE ON THE ECB'S POLICY PRONOUNCEMENTS.
The robust inflation figures released on Wednesday led to significant gains for the US Dollar (USD) relative to its competitors. Following the conclusion of its April meeting on Thursday, the European Central Bank (ECB) will make announcements regarding its monetary policy. Meanwhile, the US economic docket will include the Producer Price Index (PPI) figures for March along with the weekly data on Initial Jobless Claims.
FOREX: CBN MAKES DEMANDS ON BUREAUX DE CHANGE OPERATORS
The Central Bank of Nigeria (CBN) should issue a directive mandating non-oil exporters to hold foreign currencies for a minimum of 48 hours, according to a proposal made by the Association of Bureaux de Change Operators of Nigeria (ABCON).
Watchout CNMV Warning List & Be Alert
Spain’s CNMV recently issued a warning list against 10 unauthorized firms on its official website. CNMV warned against the following Entities:
FINOWIZ Review: Safe or Scam?
Finowiz is an online trading broker owned by Finowiz Limited. The company is located at 130 Old Street London, EC1V 9BD, England & Beachmont, Richmond Hill Rd, Saint Vincent & Grenadines.
CONSOB Shuts Down 5 Illegal Financial Websites
Italian regulator CONSOB blacks out five websites for offering unauthorized financial services as of April 26, 2024.
Italy's Financial Watchdog Blacklisted 5 Investment Sites
Italy’s Companies and Exchange Commission (CONSOB) has taken action to block access to five new websites offering financial services and products illegally.
Multimillion-Dollar FX Ponzi Scheme Unveiled by CFTC
The Commodity Futures Trading Commission (CFTC) recently took action against Darren Robinson and his Wyoming-based firm for orchestrating a fraudulent forex scheme, resulting in a hefty judgment of over $5.9 million in restitution and civil penalties.
Unveiling Fraud: FPFX vs. Funded Engineer Legal Battle
Amidst an ongoing legal battle, Tristian Talbot and Harri Jean David Sawicki, reportedly overseeing Funded Engineer and its crucial website, face dispute resolution in Palm Beach County, Florida, over alleged contractual breaches following an FPFX audit revealing manipulative practices, triggering significant revenue losses and terminated agreements.
Latest News
Multimillion-Dollar FX Ponzi Scheme Unveiled by CFTC
WikiFXBlockchain: A Game-Changer in the Fight Against Fraud?
WikiFXUnveiling Fraud: FPFX vs. Funded Engineer Legal Battle
WikiFXUnlicensed Broker QmmFx: Failed Withdrawals and Frustration
WikiFXNIGERIA'S FOREIGN EXCHANGE RESERVES FALL BY MORE THAN $2 BILLION IN LESS THAN A MONTH
WikiFXSEC Warns Filipinos Against COINMATE PLUS Crypto Investment Scam
WikiFXWatchout CNMV Warning List & Be Alert
WikiFXFOREX TODAY: AFTER THE CPI-DRIVEN USD RISE, ALL EYES ARE ON THE ECB'S POLICY PRONOUNCEMENTS.
WikiFXACCORDING TO ECONOMIST, NIGERIA WILL OVERCOME ITS FOREX-INDUCED MALAISE WITH RESILIENCE.
WikiFXUnregulated Broker Super Profit 8 Declined Withdrawal
WikiFX